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2020 Abu Dhabi Real Estate trends

Top Keywords: balcony, Seaview, furnished, beach and park

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2020 Abu Dhabi Real Estate trends

2020 was a turbulent year for all real estate markets, but as far as asking prices in rental and sales for the Capital city, they remained quite normal. They did slightly decline during the pandemic’s peak but normalised fairly quickly bringing stability to the industry.

“2020 was quite interesting, to say the least overall. When it comes to residential real estate, we at Property Finder predicted pent up demand from the beginning. Abu Dhabi trends saw people migrating to larger properties and villa/townhouses with outdoor space. This has been a trend we have seen around the world.” says Lynnette Abad, Director of Research & Data at Property Finder

Sales Listing Trends

According to Data Finder, the real estate insights and data platform under the Property Finder group, that looks at listing, search and lead data for the city some interesting trends have emerged.

Listings for apartments for sale were dominated by Al Reem Island (44.7%) followed by Al Raha Beach (19.4%), Saadiyat Island (12.3%), Yas Island (11.7%) and Al Reef (5.1%). 29.3% of the listings were for 1-bedroom apartments, 35.65% for 2-bedroom apartments and 21.25% for 3-bedroom apartments.

For Villas/Townhouses for sale, the dominating communities were Saadiyat Island (26.7%), Yas Island (23.2%), Al Reef (11.8%), Al Raha Gardens (7.3%) and Al Salam Street (3.3%). 21.34% of the listings were for 3-bedroom units, 29.19% for 4-bedroom units and 39.74% for 4+bedroom villa/townhouses.

Sales Search Trends

Reem Island dominates the consumer searches in Abu Dhabi for apartments for sale by having 41.8% of all apartment searches followed by Al Raha Beach (15.7%), Saadiyat Island (11.1%), Yas Island (8.7%) and Al Reef (5.1%). 14.93% of all searches for apartments were for 1-bedroom apartments, 19.83% for 2-bedroom apartments and 13.39% for 3-bedroom apartments. Only 6.08% were looking for 4 or 4+ bedroom apartments in the capital. The top keywords consumers were looking for when searching for apartments in Abu Dhabi were balcony, sea view, furnished, beach and park.

For Villas/Townhouses for sale, the dominating communities’ consumers were searching for were Saadiyat Island (18.5%), Yas Island (17.9%), Al Reef (9.9%), Khalifa City (8.1%) and Mohamed Bin Zayed City (5.2%). 10.14% of consumers searched for 3-bedroom units, 11.84% for 4-bedroom units and 14.97% for 4+ bedroom villa/townhouses. The top keywords consumers were looking for when searching for villas/townhouses in Abu Dhabi, where the pool, beachfront, sea view, furnished and new.

Rental Listing Trends

Listings for apartments for rent were dominated by Al Reem Island (25.4%) followed by Khalifa City (20.1%), Al Raha Beach (9.4%), Corniche Road (5.6%) and Saadiyat Island (4.7%). 20.35% of these listings were for studio units, 30.25% for 1-bedroom apartments, 27.65% for 2-bedroom apartments and 17.27% for 3-bedroom apartments.

For Villas/Townhouses for sale, the dominating communities were Khalifa City (17.6%), Mohamed Bin Zayed City (10.6%), Al Reef (9.4%), Saadiyat Island (7.3%) and Al Raha Gardens (6.1%). 17.45% of these listings were for 3-bedroom units, 26.98% for 4-bedroom units and 46.57% for 4+bedroom villa/townhouses.

Rental Search Trends

Reem Island dominates the consumer searches in Abu Dhabi for apartments for rent by having 21.1% of all apartment searches followed by Khalifa City (8.5%), Al Raha Beach (8.1%), Corniche road (8%) and Al Khalidiya (6.7%). 15.87% of all searches for apartments were for 1-bedrooms, 18.3% for 2-bedroom apartments and 11.92% for 3-bedroom apartments. Only 4.24% were looking for 4 or 4+ bedroom apartments in the capital. The top keywords consumers were looking for when searching for rent in Abu Dhabi were balcony, sea view, furnished, new and park.

For Villas/Townhouses for sale, the dominating communities’ consumers were searching for were Khalifa City (17.5%), Mohamed Bin Zayed City (9.6%), Al Reef (6.7%), Saadiyat Island (6.1%) and Yas Island (5%). 12.51% of all searches were for 3-bedroom units, 11.79% for 4-bedroom units and 12.63% for 4+ bedroom villa/townhouses. The top keywords consumers were looking for when searching for villas/townhouses for rent in Abu Dhabi where the pool, new, garden, beach and balcony.

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